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Ethereum Foundation-linked address sells another 1,000 ETH, 7,785 in total

NewsFeeds update

An address linked to the Ethereum Foundation (0x5CB…22059) sold another 1,000 ETH, taking sales since 26 October to 7,785 ETH worth $16.4m at an average of $2,100, per analyst Ai Yi. It still holds 10,000 ETH, worth about $19.0m.

EthereumOdailyAIBearish

Read the original on Odaily

The story so far: Ethereum Foundation-linked wallet ETH sales

An address linked to the Ethereum Foundation has been selling ETH, including 2,785 ETH at $2,306 and 1,000 ETH for $2.13m, taking sales since 26 October to 7,785 ETH worth $16.4m. The Foundation swapped 1,000 ETH for about $1.9m of USDS via CoWSwap, having sold 5,000 ETH for roughly 9.92m USDS over four days…

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  1. Ethereum Foundation-linked address sells 1,000 ETH worth $2.13m

  2. Ethereum Foundation-linked wallet sells another 1,000 ETH, Lookonchain says

  3. Ethereum Foundation-linked address sells another 2,000 ETH

  4. Ethereum Foundation-linked address sells another 1,000 ETH, 7,785 in total

  5. Ethereum Foundation moves 7.79m USDS to Safe multisig after swapping ETH

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Every Ethereum update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.